Defiance ETFs launches QLDY, the first ETF to pay twice a week*
Source: CoinWorld
Time: 2025-09-18 21:09:02
Defiance ETFs launches the Defiance Nasdaq 100 LightningSpread™ Income ETF (QLDY), the first ETF in the United States to pay dividends twice a week. QLDY combines exposure to the Nasdaq 100 with a proprietary option strategy that generates returns by selling bearish spreads daily while also investing in short-term U.S. Treasuries. The fund aims to provide frequent cash flows as well as potential capital appreciation, although it limits earnings when the Nasdaq rises strongly and assumes full risk when markets are down.